Forex
The foreign exchange market is a global decentralized or over-the-counter market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices.
-
Australian Dollar strengthens as US Dollar dips on Fed rate cut odds
The Australian Dollar remains stronger as Private Capital Expenditure rose by 6.4% QoQ in Q3. The AUD strengthened after the…
Read More » -
US Dollar Index retreats below 99.50 on rate cut expectations
US Dollar Index softens to near 99.45 in Thursday’s early European session. Rising bets for a December US rate cut…
Read More » -
Won Rises on Steady Policy, Improved Economic Forecast
The South Korean won appreciated to around 1,465 per dollar on Thursday, reversing losses from the previous session as investors…
Read More » -
Offshore Yuan Retreats on Weak Fixing
The offshore yuan weakened to around 7.07 per dollar, retreating from a thirteen-month high reached in the previous session following…
Read More » -
Chart of The Day – NZD/USD
The Reserve Bank of New Zealand (RBNZ) cut the official cash rate (OCR) by 25 bp to 2.25%, in line…
Read More » -
GBP/USD rises to near 1.3200 ahead of UK Autumn Budget
GBP/USD rises ahead of the UK Autumn Budget due later on Wednesday. The US Dollar struggles as softer data reinforce…
Read More » -
USD/CNH hits 13-month lows below 7.0800 as Fed rate cut bets increase
USD/CNH marked a 13-month low of 7.0782 as the US Dollar struggles, as softer data reinforce the likelihood of a…
Read More » -
EUR/JPY remains range-bound below 181.00 as hawkish BoJ bets counter ECB optimism
EUR/JPY attracts some buyers on Wednesday, though it lacks follow-through amid mixed cues. Reviving December BoJ rate hike bets underpin…
Read More » -
Australian Dollar rises as CPI beats forecasts, RBA policy in focus
The Australian Dollar gains as monthly inflation boosts RBA caution. Australia’s CPI rose 3.8% YoY in October, beating the market…
Read More » -
Japanese Yen retreats from one-week top against weaker USD; downside seems limited
The Japanese Yen struggles to capitalize on modest intraday gains against a weaker USD. The upbeat market mood and fiscal…
Read More »
